2904 NE 11TH TER (MLS: GC531940) For Sale

2904 NE 11TH TER, (Alachua), Gainesville Florida 32609

Currently Rented at $1,500.00 / month

Area: -

Property Info

  • MLS GC531940
  • Unit No -
  • Bedrooms 3
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 1080
  • Foundation Slab
  • Min Lease -

Interior Features

  • Other

Buy Price

$
$199,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 7.8%
  • Gross Yield
  • 9%
  • Lease End Date
  • December 31, 2025
  • Rent Amount

  • $1,500.00

Cash Flow

Cap Rate7.8 Gross Yield9% Annual Rent$18,000.00 Property Taxes$2,510.87 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $2,510.87 $12,554.35 $25,108.70
Net Cash Flow $15,489.13 $77,445.65 $154,891.30